LYC 0.39% $7.75 lynas rare earths limited

Col,Go here:...

  1. 972 Posts.
    Col,

    Go here: http://www.metal-pages.com/metalprices/rareearths

    select a particular rare earth element. Look at the charts for FOB China which represents rare earth available for export.

    The basket price had steadily decreased from it's record highs in 2011 but now the charts show an apparent floor. This decrease over the past year and a half has obviously affected the share price but as is common knowledge on this site but is still profitable at these prices.

    See Lynas website for the mix prices and see the change in basket price over time. Lynas profitable at $10, current at $37.45.

    China Domestic prices for some rare earths have started to increase over the past two months.

    Read the metal pages news summaries. Prices stable and growth expected with firmer prices in 2013, depending on which rare earth. I looked at the heavies mostly, neodymium and dysprosium.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.